Shipping Industry Steers Course to Tackle Emissions
The Yara Birkeland, will be the world’s first electric and autonomous container ship.
New container business on short-sea shipping
Shipping accounts for 2 to 3 percent of the world’s total greenhouse gas emissions
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Wartsila Awakening Connectivity
Wartsila started 'An Ocean Awakening' connectivity program which brings the systems, the industry and the stakeholders in the same platform.
This digitally connected environmentally sound 'smart ecosystem' was launched in September last year.
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Cargo Ship Runs Aground Near Virginia Beach
On January 10, the U.S. Coast Guard assisted the crew of a bulk carrier ship after it ran aground.
What happened?
The bulk carrier 'JSW Salem' ran aground near Cape Henry Buoy #4 with its crew...
IMO Amendments Take Effect Ahead of 2020
IMO regulatory amendments and North Sea and Baltic Sea NOx ECAs entered into force on the first day of 2019
The BDN amendments require shipowners and operators to carry a certified declaration
Amendments...
$12 Million Of Losses From Trading Bunker Fuel Derivatives
In 2018 Vistin Pharma set up energy trading unit.
Head of energy trading stepped down on Thursday, 8th January 2019.
Vistin shares dropped as much as 18 pct to record low.
Norway’s Vistin Pharma...
MR Tanker Arrested Off Singapore
The vessel Atlanta was arrested at 3.50pm on January 2nd, 2019 in Singapore.
It was owned by Coastal Logistics affiliated with Coastal Oil Pte Ltd(Singapore).
Coastal Oil filed for liquidation in December 2018.
The...
Scrubbers: A Shipping Executive’s View
As there’s no extension to the IMO 2020 Sulphur regulation, shipowners and shipping companies should create a ship implementation plan.
The 3 month grace period till March 20 should be fully...
Tanker Report – Week 1, 2019
The tanker report has been compiled highlighting the various highs and lows faced by the tanker market.
VLCC
The increase in 2019 Worldscale flat rates led naturally to big changes in the rates fixed. Middle East...
GARD: Amendments to the Rules for the 2019 Policy Year
Changes in terminology and structure as to calculation of calls and clarification of the term 'casualty'.
Rule 56 regarding non-marine personnel has been slightly changed.
Contractual liabilities incurred by the Member in respect...
Five Marine Fuels and Propulsion Technology Moves that will Define 2019
Prediction of top five trends in marine fuels and propulsion technologies in 2019
Stressed the need for long-term fuels, vision for zero carbon propulsion and transition to LNG
More emphasis is given for...